Wealthcare Capital Management LLC Purchases 20,956 Shares of Schwab US Dividend Equity ETF $SCHD

Wealthcare Capital Management LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 27.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 96,275 shares of the company’s stock after buying an additional 20,956 shares during the period. Schwab US Dividend Equity ETF makes up about 0.3% of Wealthcare Capital Management LLC’s investment portfolio, making the stock its 24th largest holding. Wealthcare Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,053,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Mountain Hill Investment Partners Corp. increased its position in shares of Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares in the last quarter. Merrithew & Thorsten Inc bought a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $25,000. Byrne Asset Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the 2nd quarter valued at $26,000. Field & Main Bank purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000. Finally, Dynamic Wealth Strategies LLC purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $33.90 on Monday. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $34.24. The stock has a fifty day simple moving average of $32.62 and a two-hundred day simple moving average of $31.63. The firm has a market cap of $105.32 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

Schwab US Dividend Equity ETF Company Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.